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Estrella Del Futuro Group
In this Group: Patricia, Luis , Lorena, Maryorie, Paulina, Elena, Rosa, Aracelli, Fernanda, Lorena, Miguel, María Angelica, Consolatriz, Veronica, Felipe, María José, María
This Communal Bank is called “Estrella del Futuro” (Star of the Future). It is comprised of 17 entrepreneurs working on diverse segments such as clothing and fast food. They all live in the city of San Bernardo.
Patricia is a member of this Communal Bank. In the picture she appears standing on the second row, second place from right to left, wearing a black shirt and dark hair that is pulled back. She is holding a folder of the institution and is standing behind a male entrepreneur in a red shirt.
Patricia sells new clothes for adults and children, as well as linens. She has been offering her products for four years, visiting her customers at their home and also at a market stand during some days of the week.
She buys her products from wholesalers, specifically in the Meiggs neighborhood (known for its commercial orientation) and plans for every season: the holidays, winter and summer.
With this loan she will buy linens and children’s clothing, taking into account the beginning of the school year. One of her business goals is to have an established shop. She lives with her husband and a 6-year-old son. She is also three months pregnant. One of her personal dreams is to own her house because they now live with her parents.
Patricia is very happy and grateful for the opportunity that Fondo Esperanza has given her to invest in her business. She also feels very comfortable with her Communal Bank and she likes sharing with other entrepreneurs.
San Bernardo is a town located 18 km. to the south of Santiago’s main square. It is known as the capital of folklore because every year in January it hosts the “International Folklore Festival,” an event where the country’s roots come together and groups of musicians from all South America meet. This town also hosts the “Traditional Handcraft Fair”, where artisans from Chile and neighboring countries meet. Also, the town hosts the “Abril cuecas mil” event in April, when all the community dances cueca (traditional Chilean dance).
View original language description ↓
Este Banco comunal se llama “Estrella del Futuro” está conformado por 17 emprendedores, quienes se dedican a diferentes rubros, entre los cuales se encuentran la venta de ropa, preparación de comida rápida, confección de ropa, entre otros. Todos ellos pertenecientes a la ciudad de San Bernardo.
Patricia integrante del grupo del Banco comunal, quien en la foto se encuentra en la segunda fila de pié, ocupando el segundo lugar de derecha a izquierda, viste una polera color negro, su cabello es de color castaño oscuro y lo usa recogido. Además en sus manos sostiene una carpeta de la institución, como referencia se encuentra detrás del emprendedor que viste polera color rojo.
Ella se dedica al rubro del comercio, específicamente vendiendo ropa nueva para adultos, niños y también ropa de casa. Desde hace 4 años, ofrece sus productos a domicilio y también se instala con un puesto en la feria, algunos días de la semana.
Su mercadería la compra en distribuidoras, específicamente en el barrio Meiggs (Barrio de carácter comercial) y de acuerdo a cada temporada, para fiestas, durante invierno y verano.
Con el crédito comprará sabanas y ropa de niño, aprovechará la temporada escolar.
Una de las metas para su negocio es instalarse con un local establecido.
Patricia vive junto a su marido, su hijo de 6 años de edad y además espera a su futuro hijo, ya que tiene 3 meses de embarazo.
Uno de sus sueños a nivel personal es obtener su casa propia, ya que en la actualidad vive en la casa de sus padres.
Ella está muy contenta y agradecida de la oportunidad brindada por Fondo Esperanza, ya que le ha permitido invertir en su negocio. Y respecto al grupo del Banco comunal del cual forma parte, ella se siente muy cómoda, ya que además comparte con los demás emprendedores.
San Bernardo es una ciudad, ubicada a 18 km. en línea recta hacia el sur desde la plaza de armas de Santiago (capital de Chile). Es conocida como la capital del folklore, debido a que cada año, en enero, se realiza el "Festival Internacional del Folklore", un evento en el que las raíces del país se dan cita y se reúnen agrupaciones musicales de toda Sudamérica. También se desarrolla la "Feria de Artesanía Tradicional", en la que participan tanto artesanos chilenos como de otros países cercanos. Luego en abril se realiza el evento “Abril cuecas Mil” que consiste en hacer bailar cueca (baile tradicional chileno) a toda la comuna.

Additional Information

About Fondo Esperanza

Fondo Esperanza (FE) is a private non-profit organization that supports entrepreneurship by providing micro-credit and training to people living in poverty in well over 100 cities throughout Chile. By providing these services, FE aims to improve the living conditions of the entrepreneurs and their families. In 2010, FE provided loans to more than 41,000 entrepreneurs. It utilizes a communal banking model in which groups of 18 to 25 clients meet on regularly and guarantee each other’s loans. The members use their portion of the loan to create or expand their own businesses. In the group meetings, clients receive training though the FE Entrepreneurship School, which enhances clients’ personal and business skills and ability to work in groups.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Chile

  • $14,900
    Average annual income
  • 1
    View loans »
    Chile Loans Fundraising
  • $2,587,775
    Funds lent in using Kiva
  • 491.4
    Chile Pesos (CLP) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrella Del Futuro Group's $2,825 loan helped a member comprará sabanas y ropa de niño, aprovechará la temporada escolar.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012